NEW YORK (GenomeWeb News) – Arrayit Corp. said today that American Equity Fund has committed to purchasing up to $8 million of Arrayit Diagnostics' common stock.

The financing will commence upon the completion, filing, and approval by the US Securities and Exchange Commission of the Form S-1, which will disclose the terms of the financing.

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A fire at a Manchester hospital may have destroyed lab equipment and data, the Guardian reports.

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